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×Brief
Company Status: | Listed |
Business Activity: | Production and sale of cement. |
Current Capital: | 1,700.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Cement |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 39.46 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 850.00 |
Premium: | 7.67 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 200.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Individual Saudi investors |
Use of Proceeds: | The net proceeds of the IPO amounting to SAR 825.5 is to be distributed as follows: 1) SAR 467mn to finance the company business expansion in Sultanate in Najran. 2) SAR 358mn to be distributed to the selling shareholders proportionally |
Restrictions on Dealing in Shares: | Main shareholders can't act in the shares for 6 months from the trading date , then they can act in the shares under the condition of having the approval of the Authority |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 4/16/2012 |
Subscription End Date: | 4/22/2012 |
Allocation Date: | 4/29/2012 |
Distribution Date: | 4/29/2012 |
Listing Date: | 5/12/2012 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Khalid Mohamed Abdullah Al Barrak | 15.59 | 9.17 % | 155.42 |
Advisors
Lead Manager: | Saudi Fransi Capital |
Underwriter: | Saudi Fransi Capital |
Financial Advisor: | Saudi Fransi Capital |
Legal Advisor: | Baker & McKenzie Limited |
Auditor: | BDO Dr. Mohamed Al-Amri & Co. |
Receiving Bank: | Al Rajhi Bank, Arab National Bank, Riyad Bank, Saudi Awwal Bank, Samba Financial Group, Banque Saudi Fransi, The Saudi National Bank |
IPO results
Proceeds: | SAR 2602mn |
Subscription Percentage: | 306% |
No. of Subscribers: | 2714K |
Allocation: | Around 31 shares were allocated for each subscriber |
Chart - Najran Cement Co.
Share Performance
Last Price: | 9.97 |
Change: | 0.10 % |
Market Cap (M): | 1,700.00 |
Turnover: | 1,719,165.00 |
Transactions: | 583.00 |
Share Stats
First Day Open: | 24.55 |
First Day High: | 26.00 |
First Day Low: | 20.25 |
First Day Close: | 22.35 |
1st Day Change: | 123.50 % |
1st Month Change: | 106.50 % |
1st year Change: | 157.00 % |
Since listing: | 0.00 % |
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